Reuters logo
J.C. Penney interfered with Macy's deal with Martha Stewart-judge
June 16, 2014 / 4:55 PM / 3 years ago

J.C. Penney interfered with Macy's deal with Martha Stewart-judge

NEW YORK, June 16 (Reuters) - J.C. Penney interfered with Macy’s agreement with Martha Stewart Living Omnimedia , a New York judge ruled on Monday.

Justice Jeffrey Oing of New York state court referred the issue of damages to a referee or special hearing officer.

But, he said in his written ruling, “Macy’s failed to prove by ‘clear, unequivocal and convincing evidence’ that it is entitled to a punitive damage award.”

Macy’s sued Penney and Martha Stewart Living after the two announced a partnership in December 2011. Macy’s said the agreement breached its contract with Martha Stewart that included exclusive rights to Martha Stewart-branded cookware, bedding and bath products.

In October, Penney and Martha Stewart Living announced a revised agreement that eliminated Stewart’s products in home goods categories to which Macy’s claimed exclusive rights.

Reporting By Karen Freifeld

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below